Customers Bank Mega Can Transact QRIS Interstate Via The M-Smile Application, Can Be Used In Thailand, Malaysia And Singapore

Photo: Doc. Mega Bank

Bank Mega is currently one of the first financial institutions in Indonesia to have an Interstate QRIS (Cross Border), so that Bank Mega customers can make transactions with QRIS very easily through the M-Smile mobile application when traveling to Thailand, Malaysia and Singapore.

QRIS Interstate is a QR payment interconnection system in countries that already have cooperation, allowing customers to make payments in different countries.

Customers on vacation in Thailand, Malaysia and Singapore can make payment transactions by scanning the QR code provided by merchants in the country. Thus, customers now don't have to bother exchanging Rupiah into the country's currency anymore. In addition to being practical, by conducting international QRIS transactions on the M-Smile application, the transaction value carried out will automatically be converted into Rupiah currency.

"Through this feature, we hope to make it easier for Bank Mega customers to make payments between countries faster, more practical and secure," explained Diza Larentie, Deputy President Director of Bank Mega, in a statement, Tuesday, December 19.

Here are some of the QRIS International advantages that can already be carried out in Thailand, Malaysia and Singapore:

- Payments can be made directly without having to exchange money into foreign currency, where customers only scan M-Smile with a source of Rupiah savings funds. The transaction will be directly converted automatically into Rupiah currency in real time.

- Practically, because there is no need to use a physical card but only enough to use a cellphone.

- Transactions using QRIS are becoming safer, because there is no need to bring any cash.

- Payments with QRIS are more hygienic because payments are made by customers themselves by scanning customers' cellphones.

Another thing that needs to be considered before conducting inter-state QRIS transactions is to ensure that merchants in the country have the logo of the institution that is currently the partner of the organizer as follows:

- Thailand: there is a QR logo published by BBL (Bangkok Bank), BAY (Bank of Ayudhya), Krukhai Bank (KTB), CIMB Thai, Kasikorn Bank (KBANK) and Siam Commercial Bank (SCB).

- Malaysia: there is a QR logo published by DuitNow or the QR logo derived from publishers such as CIMB Bank, Public Bank Berhad, Razer Merchant Services Sdn Bhd, United Overseas Bank Berhad, TNG Digital Sdn Bhd, Axiata Digital ECode Sdn Bhd (Boost), AmBank Malaysia Berhad, Maybank Berhad, Finexus and Hong Leong Bank Berhad.

- Singapore: there is a NETS logo and/or SGQR.

Bank Mega will always support the inisization of Bank Indonesia to continue to add countries that cooperate in implementing QRIS between countries so as to increase convenience for users.